Bark vs Envela
Bark is the larger business, with $395m of revenue in fiscal 2026 against $241m for Envela (1.6 times as much). Envela grew faster (33.6% against -18.5%). Envela kept more of each dollar of sales as profit: a net margin of 6.1% against -9.9%. Bark carries less debt relative to equity (0.0% against 26.4%).
| Latest fiscal year | BarkBARK, 2026 | EnvelaELA, 2025 |
|---|---|---|
| Revenue | $395m | $241m |
| Revenue growth | -18.5% | 33.6% |
| Net income | −$39.0m | $14.6m |
| Operating margin | -10.2% | 7.5% |
| Net margin | -9.9% | 6.1% |
| Return on equity | -45.5% | 24.4% |
| Free cash flow | −$26.6m | $1.4m |
| Cash | $19.3m | $18.2m |
| Total debt | $0 | $17.7m |
| Debt to equity | 0.0% | 26.4% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $1.8m | $188,908 |
| Employees | 501 | — |
| Market value | $81.4m | $291m |
| Price vs our value range | — | Below our value range |
| Moat score | 44 (Weak) | 50 (Moderate) |
| Insider trades, 12 months | 0 buys, 2 sales | 3 buys, 0 sales |